Farmers & Merchants State Bank (Cokato, MN)

Episode Information

Episode UID
75043571515
Episode Type
Suspension → Closure
Bank Type
state
Bank ID
7504357 routing
Routing Number
75-0435
Start Date
March 11, 1926
Location
Cokato, Minnesota (45.076, -94.190)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
d88d4fdd35d5a82e

Response Measures

None

Events (1)
1. March 11, 1926 Suspension
Cause
Government Action
Cause Details
Closed by bank examiners due to depleted reserves.
Newspaper Excerpt
The Farmers' and Merchants' State Bank here was closed today by bank examiners. Depleted reserves are assigned as the cause.
Source
newspapers

Newspaper Articles (2)
1. March 13, 1926 The Daily Worker New York, Chicago, NY
Article from The Daily Worker, March 13, 1926

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Article Text

Bank in Minnesota Closes; Farmers Hit COKATO, Minn., March 11. - The Farmers' and Merchants' State Bank here was closed today by bank examiners. Depleted reserves are assigned as the cause. The bank had deposits of about $500,000. Cokase is the center of a farming district and the bank's suspension has hit many farmers of the section.

2. March 13, 1926 The Daily Worker Chicago, IL
Article from The Daily Worker, March 13, 1926

Click image to open full size in new tab

Article Text

Bank in Minnesota Closes; Farmers Hit COKATO, Minn., March 11. The Farmers' and Merchants' State Bank here was closed today by bank examiners. Depleted reserves are assigned as the cause. The bank had deposits of about $500,000. Cokase is the center of a farming district and the bank's suspension has hit many farmers of the section.